Securities Arbitration Lawyers Blog

FINRA Suspends Registered Individuals in June 2018 for Violations of FINRA Rules

July 9, 2018 | Silver Law Group

According to FINRA Disciplinary actions for June 2018, the following individuals were suspended from FINRA and cannot currently work for a FINRA brokerage firm for failing to provide FINRA with information it requested or to keep information current with FINRA pursuant to FINRA rules:

NAME	FORMER EMPLOYERS
Mona Ali	JP Morgan Securities
Bobbie Jo Bressler	Farmers Financial Solutions, LLC
Bobbie Jo Bressler	State Farm VP Management Corp
Jeffrey Scott Cederberg	Primex
Jeffrey Scott Cederberg	Capwest Securities, Inc
Gregory James Connell
Vicente Davila	Morgan Stanely
Vicente Davila	Merill Lynch, Pierce, Fenner & Smith Inc
Miguel Eduardo Guzman	JP Morgan Securities LLC
Miguel Eduardo Guzman	MA Investment Corp
John Matthew Kurzhal	UBS Financial Services Inc.
John Cochran Maccoll	UBS Financial Services Inc.
John Cochran Maccoll	Morgan Stanley DW Inc
Cynthia Mae Moore	The Huntington Investment Company
Felipe De Jesus U Munive	Allstate Financial Services, LLC
Gordon Beecher Nitka	MML Investors Services, LLC
Gordon Beecher Nitka	MassMutual Life Insurance Company
Daniel Ochoa	Farmers Financial Solutions, LLC
Joshua Alexander Stephens-Anselm	JP Morgan Securities LLC
Joshua Alexander Stephens-Anselm	Capital One Bank NA
John Bradford Stoddard	Fidelity Brokerage Services LLC
John Bradford Stoddard	Zions Bank
Christopher Robert Threet	JP Morgan Securities LLC
Christopher Robert Threet	Capital One Bank
David Wells
Yuhong Zhou	Transamerica Financial Advisors, Inc
Yuhong Zhou	World Financial Group, Inc

Silver Law Group represents investors in securities and investment fraud cases through FINRA arbitration or court. Our lawyers are admitted to practice in New York and Florida and represent investors nationwide in securities arbitration to help recover investment losses due to stockbroker misconduct. If you have any questions about how your account has been handled, call to speak with an experienced securities attorney. Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Registered Individuals Barred by FINRA in June 2018 for Failing to Comply with FINRA Rules

July 9, 2018 | Silver Law Group

According to FINRA Disciplinary actions for June 2018, the following individuals were barred from FINRA and cannot currently work for a FINRA brokerage firm for failing to provide FINRA with information it requested or to keep information current with FINRA pursuant to FINRA rules:

NAME	FORMER EMPLOYERS
Donald Nelson Bower III	Edward Jones
Donald Nelson Bower III	Invest Financial Corp
Christopher Masharn Bruce	Statefarm VP Management Corp
Christopher Masharn Bruce	Chris Bruce Insurance Agency
Geoffrey Bret Davidson	Fidelity Brokerage Services LLC
Miriam Fry	Wells Fargo Clearing Services, LLC
Miriam Fry	First Clearing, LLC
Melanie Haning	UBS Financial Services Inc
Melanie Haning	Merrill Lync, Pierce, Fenner & Smith Inc
Ashley Marie Hostetter
David Wayne Krumrey	Oppenheimer & Co., Inc
David Wayne Krumrey	Stanford Group Company
Gregory Alan Levine	First Allied Securities, Inc
Gregory Alan Levine	MBM Capital Management
Thomas Williams Manley II	RBC Capital Markets, LLC
Thomas Williams Manley II	Lloyds Securities
Gurdey Singh Mann	NYLife Securities LLC
Christopher Quocthai Nguyen	TD Ameritrade, Inc
Christopher Quocthai Nguyen	WellsFargo Bank
Brett Michael Williams	NY Life Securities LLC

FINRA makes this information available, in part, to inform investors about potential red flags or problems with certain stockbrokers. If you invested with anyone in this report and have questions about your legal rights, our attorneys will talk with you at no cost to explain your legal rights and about how we can help recover your investment losses through securities arbitration or litigation.

Silver Law Group represents investors in securities and investment fraud cases through FINRA arbitration or court. Our lawyers are admitted to practice in New York and Florida and represent investors nationwide in securities arbitration to help recover investment losses due to stockbroker misconduct. If you have any questions about how your account has been handled, call to speak with an experienced securities attorney. Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

FINRA Suspends Registered Individuals in June 2018 for Failing to Comply with FINRA Rules

July 9, 2018 | Silver Law Group

According to FINRA Disciplinary actions for June 2018, the following individuals were suspended from FINRA for failing to comply with a FINRA arbitration award or settlement agreement pursuant to FINRA rules:

NAME	FORMER EMPLOYERS
Daniel Harry Curkan	Sigma Financial Corporation
Daniel Harry Curkan	Morgan Stanley
Diaz, Anthony	IBN Financial Services, Inc
Diaz, Anthony	Sandlapper Securities, LLC
Brandon Avery Duncan	Royal Alliance Associates, Inc
Brandon Avery Duncan	Raymond James & Associates, Inc.
Timothy Stephen Fannin	UBS Financial Services Inc.
Timothy Stephen Fannin	Merrill Lynch, Pierce, Fenner & Smith Inc
Michael P. Gopie	AXA Advisors, LLC
Michael P. Gopie	Merrill Lynch, Pierce, Fenner & Smith Inc
Louis Karl Kittlaus	Wall Street Strategies, Inc
Louis Karl Kittlaus	Edwin C. Blitz Investments, Inc
Michael Scott Lavolpe	Meyers Associates, LP
Robert M Marks Jr.	Cape Securities Inc.
Robert M Marks Jr.	Synergy Investment Group, LLC
Michael James McGraw	Morgan Stanley
Michael James McGraw	Wells Fargo Advisors, LLC
Curtis Dean Milakovich	Kovack Securities Inc.
Curtis Dean Milakovich	Lincoln Investment
Matthew Jacob Paparazzo	Wells Fargo Clearing Services, LLC
Matthew Jacob Paparazzo	J.P. Morgan Securities LLC

Silver Law Group represents investors in securities and investment fraud cases through FINRA arbitration or court. Our lawyers are admitted to practice in New York and Florida and represent investors nationwide in securities arbitration to help recover investment losses due to stockbroker misconduct. If you have any questions about how your account has been handled, call to speak with an experienced securities attorney. Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Our lawyers have extensive experience collecting FINRA arbitration awards, prevailing on Motions to Vacate FINRA arbitration awards and using various collection efforts to enforce FINRA awards after they are received.

Texas, Louisiana Senior Investors Targeted in $3.8 M Ponzi Scheme Costing Them Their Life Savings

July 4, 2018 | Silver Law Group

Retirement planning firm owner allegedly paid for lavish living expenses and more with elderly investors’ money

It has happened again. The Securities Exchange Commission (SEC) has uncovered yet another alleged Ponzi scheme targeting the most vulnerable of investors: the elderly. Clifton Stanley of Galveston, Texas is accused of cheating his elderly investors – those in their eighties and nineties – out of $3.8 million dollars in two related scams.

The first alleged scheme: PONZI

Did National Securities Recommend Restoration Robotics?

June 29, 2018 | Silver Law Group

Silver Law Group is investigating claims involving National Securities’ sale of Restoration Robotics to investors through its IPO and in Reg D or private placement offerings.

If you invested in Restoration Robotics common stock or in a private placement and would like to discuss your legal rights, please contact our firm. There is no cost or obligation to you. You can also contact us by calling Scott L. Silver toll free at (800) 975-4345 or by sending an e-mail to ssilver@silverlaw.com.

A lawsuit has been filed in the U.S. District Court for the Northern District of California on behalf of all those who purchased Restoration common stock pursuant or traceable to the Company’s Initial Public Offering (the “IPO” or “Offering”) that commenced on October 12, 2017 and closed on October 16, 2017. The case, Guerrini v. Restoration Robotics, Inc. et al., No. 18-cv-03712 was filed on June 21, 2018, and has been assigned to Judge Edward John Davila.

Silver Law Group is Investigating Carlos Evertsz-Seda of K.C. Ward Financial

June 29, 2018 | Silver Law Group

Carlos Evertsz-Seda is barred from association with any FINRA member in any capacity. Respondent failed to request termination of his suspension within three months of the date of the Notice of Suspension; therefore, he is automatically barred from association with any FINRA member in any capacity. Carlos Evertsz-Seda was employed by K.C. Ward Financial in Ronkonkoma, NY from 2010 – May 2017. Mr. Evertsz-Seda is the subject of two securities arbitration claims for damages due to unsuitable investments. K.C. Ward Financial is a Long Island based brokerage firm owned by Louis Ward.

Contact Our Firm if You’ve Invested with Carlos Evertsz-Seda

If you invested with Carlos Evertsz-Seda and believe you have lost money due to his misconduct, you may be able to file a claim to recover your losses through FINRA arbitration. For a free evaluation of your potential case by as securities attorney, please contact Silver Law Group.

Silver Law Group is Investigating Craig Blattner of Cetera Advisors

June 29, 2018 | Silver Law Group

Craig Blattner has been in the securities industry for 31 years most recently with Cetera Advisors LLC in Longwood, FL from September 2016 – February 2018. Previous registrations include Investors Capital Corp in Longwood, FL form May 2006 – October 2016. Mr. Blattner is no longer a registered stockbroker.

Blattner was assessed a deferred fine of $5,000 and suspended from association with any FINRA member in all capacities for 15 business days following allegations that he settled a client complaint away from his member firm.

FINRA’s findings stated that the value of a joint account of two clients served by Blattner allegedly declined by approximately $75,000. One of these clients complained, orally and in writing by e-mail, to Blattner about his management of their account and the losses they had suffered. Blattner did not disclose the client’s complaint to the firm, and that the complaint was never reported on his Form U4.

Silver Law Group is Investigating Peter Holler of Securities Service Network

June 29, 2018 | Silver Law Group

We are investigating allegations made by FINRA, the Financial Industry Regulatory Authority, against Peter D. Holler. FINRA suspended Holler from the securities industry for two years, fined him $10,000, and ordered him to disgorge $49,790 in commissions for selling Woodbridge Investments. FINRA was investigating Holler regarding allegations that he engaged in private securities without disclosing such to his former brokerage firm, Securities Service Network.

Peter Holler sold investments in Woodbridge Mortgage Investment Funds, a purported real estate fund. Holler sold $1.39 million worth of Woodbridge promissory notes. Since Woodbridge filed for bankruptcy last year, it is believed that the Woodbridge Investments have lost substantial value.

Peter Holler was a financial advisor and registered representative of Securities Service Network from November 2001 to August 2017. He worked at a branch office in Bristol, Tennessee. Holler also was affiliated with SSN Advisory and SBS Services.

Silver Law Group is Investigating Richard Minichino of Next Financial Group

June 29, 2018 | Silver Law Group

Richard Minichino has spent 7 years in the securities industry and was most recently registered with Next Financial Group in New York, New York (2016-2018). Previous registrations include Wunderlich Securities, JP Morgan Securities, Chase Investment and David Lerner Associates.

According to his BrokerCheck report, Richard Minichino was recently terminated from his former employer and has received four unsatisfied judgments or liens.

In February 2018, Richard Minichino was terminated from his position at Next Financial Group following an internal review regarding trades in a client’s account “that appeared to be unsuitable.”

Silver Law Group is Investigating Vicente Davila of Morgan Stanley

June 29, 2018 | Silver Law Group

Vicente Davila has spent eight years in the securities industry and was most recently registered with Morgan Stanley in Houston, Texas (2016 – 2018). Previous registrations include Merrill Lynch and Barclays Capital.

Publicly available records published by the Financial Industry Regulatory Authority (FINRA) state that former Texas-based Morgan Stanley broker/adviser Vicente Davila, who has received a customer dispute, was discharged from Morgan Stanley in connection to alleged rule violations and is currently not affiliated with any broker-dealer firm.

According to his BrokerCheck report, he has received one customer complaint and was discharged from his former employer in connection to alleged rule violations.